. >>> and nancy pelosi is expected to announce whether she will hold her current leadership post or step town. they hope he had they could step up since last week's election. if the 72-year-old pelosi gives up her leadership post she will continue to represent her home district in san francisco. >>> president barack obama has scheduled a news conference for 10:30 our time. this will be his first. he has a dozen ceos including ford. they want his advice on how to avoid this fiscal cliff and spending cuts are set to take affect if congress does not act. >>> students are set to gain two day protest outside a regents meeting. at the are requestion of brown they are raising fees and they will still vote to increase tuition for next year. they will also meet to talk about prop 30. the pressure is to safe $250 million. that was the case in palo alto yesterday who paid just 39 cents per gallon for a gas. one driver said it cost him $3 for 8 gallons for gas. one driver has decided to stock up and it appears to be over. the price was $3.65 per gallon that the same-station issue this morning. >> it